RBI FEMA guarantees regulations 2026: Learn about the new consolidated foreign exchange management rules, reporting requirements for banks, and their impact on cross-border trade for government exam preparation. RBI Notifies New Foreign Exchange Management (Guarantees) Regulations, 2026 Introduction to the New RBI Regulations The Reserve Bank of India (RBI) has introduced the Foreign Exchange Management…
Global UPI services via bob इ Pay app by Bank of Baroda enable cross-border payments in 8 countries for NRIs and residents, supporting instant digital transactions. Bank of Baroda Introduces Global UPI Services via bob इ Pay App Introduction Bank of Baroda has significantly enhanced its digital banking services by introducing international Unified Payments Interface…
PhonePe Partners with PickMe to Offer UPI Payments for Indians in Sri Lanka In a significant move towards expanding its reach and services, PhonePe, India’s leading digital payments platform, has collaborated with PickMe, a Sri Lankan ride-hailing service, to introduce UPI (Unified Payments Interface) payments for Indian travelers in Sri Lanka. This partnership aims to…
PhonePe Launches UPI in Sri Lanka in Partnership with LankaPay Introduction: In a significant move towards expanding its digital payment services beyond borders, PhonePe, India’s leading digital payments platform, has launched its Unified Payments Interface (UPI) services in Sri Lanka. This strategic initiative comes in collaboration with LankaPay, the national payment network of Sri Lanka,…
RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage In a significant development, the Reserve Bank of India (RBI) and the Nepal Rastra Bank (NRB) have recently inked a crucial pact aimed at establishing a linkage between the Unified Payments Interface (UPI) and Nepal’s National Payments Interface (NPI). This collaboration is poised to have…
NPCI Launches UPI PayNow Linkage for Cross-Border Remittances Between India and Singapore In a significant move to facilitate seamless cross-border remittances, the National Payments Corporation of India (NPCI) has launched the UPI PayNow linkage between India and Singapore. This initiative is expected to streamline financial transactions and provide a more efficient and user-friendly experience for…
RBI Inks Pact with Bank of England on Bond Clearing Settlement The Reserve Bank of India (RBI) recently made headlines by entering into a significant pact with the Bank of England concerning bond clearing and settlement. This strategic agreement aims to facilitate and enhance the clearing and settlement of government securities in both countries. Such…
